Hello Trader,
The Trading Plan
Part 2
Before I forget, let me remind you that creating your own trading plan is not a monumental task.
It can be quite easy!
Here is a method I use for creating business plans if I ever happened to get bogged down. I make it fun and I make [...]

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Hello Trader,
The Trading Plan
Today I’m going to start a 2-part series on the importance of your Trading Plan.
Part 1
The trading plan is basically like a business plan.
The trading plan is your roadmap to successful trading as a business plan is your roadmap to running a successful business.
The roadmap analogy brings to [...]

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Hello Trader,
The Importance of Trading Psychology
Part 3
In our last segment we had just started to talk about the trading plan. The trading plan is a great way for us to start and maintain our trading discipline. With this plan as a roadmap it will be much easier for us to get from point [...]

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Hello Trader,
The Importance of Trading Psychology
Part 2
In my last segment I spoke a bit about trading discipline. In this segment we will cover some of the factors that influence your trading discipline.
Discipline comes into play when combating fear and greed. Fear is typically based upon a fear of loss. No one really wants [...]

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Hello Trader,
The Importance of Trading Psychology
Part 1
Why is trading psychology so important?
Trading psychology is so important because trading can be a very emotional business. As we all know if trading did not have it’s challenges everyone who traded would be rich.
Trading psychology is so important because there is so much emotion in many of [...]

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